NTPC Green Energy, Vedanta and Cosmo First to see some action today

NTPC Green Energy has inked a Memorandum of Understanding (MoU) with Madhya Pradesh Power Generating Company (MPPGCL) on February 24, 2025 at Global Investors Summit, 2025 held in Bhopal. This MoU envisages to collaborate in the field of Renewable Energy through setting up of Projects comprising of Solar/Wind/Hybrid with or without storage up to 20 GW or more in Madhya Pradesh.

Vedanta has been declared as 'Preferred Bidder' for the Kauhari Diamond Block (on highest Final Price Offer of 1.10%). The Department of Geology & Mining, Government of Madhya Pradesh vide its ‘Notice Inviting Tender' dated November 25, 2024 for Kauhari Diamond Block, had invited tenders to participate in e-auction for grant of Composite License in respect of Kauhari Diamond Block in the State of Madhya Pradesh. The Company had participated in the live E-auction for grant of the stated Composite License.

Cosmo First’s 100% subsidiary -- Cosmo Specialty Chemicals has launched its innovative range of Oil and Grease Resistant (OGR) barrier coatings. These advanced solutions offer sustainable alternatives to traditional polyethylene coatings, addressing growing environmental concerns while maintaining superior performance. Cosmo Specialty Chemicals is moving in this direction by launching two distinct grade OGR coatings - OGR 145B and OGR 145S - designed to meet diverse packaging requirements across industries. These water-based formulations are a sought-after solution for the packaging industry in its efforts toward green manufacturing.

Hindalco Industries has signed a Memorandum of Understanding (MoU) with the Madhya Pradesh government to invest Rs 15,000 crore over the next two years. The new investment aims to further enhance the company's presence and boost the local economy.

Oil India and Assam Power Generation Corporation have formed joint venture (JV) Company in the name of ‘APGCL Oil Green Power’. The company has subscribed to 49% shareholding. The objective of JV company is to plan, develop, construct, own and operate renewable/green energy projects including but not limited to solar small hydro, hydrogen based wind biomass or any other form kind or description Explore, research, develop and establish green hydrogen infrastructure, including production, storage, transportation and distribution facilities and to engage in research and development of green hydrogen technologies, including production through renewable energy sources, promoting the use of green hydrogen as an alternative energy source.

Torrent Power’s subsidiary -- Torrent Green Energy (TGEPL) has incorporated ‘Torrent Urja 32’ (TU32) as Wholly Owned Subsidiary on February 12, 2025 and received Certificate of Incorporation dated February 21, 2025. 

Firstsource Solutions has unveiled UnBPO, a transformative shift away from traditional outsourcing models. By prioritizing expertise, innovation, and outcome-driven solutions, Firstsource is redefining the industry and building a future-ready organization. Through UnBPO, the company is not just transforming itself but also reshaping the industry. Leveraging deep domain expertise, advanced technology, and a redefined approach to talent and partnerships, Firstsource is setting a new benchmark for value creation.